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Levin Johnston is pleased to offer a rare opportunity to acquire 100% fee simple interest and development rights to a total of 6.2 acres of prime development land, located at 29831 Clearbrook Cir in the city of Hayward. The offering comprises of (1) One large parcel zoned RMB3.5: Medium Density Residential, giving developers the flexibility to provide single family or multifamily housing in an area that has a rapidly increasing demand for housing. The subject land also provides convenient access to many of the nation's top tech employers including Google, Apple, LinkedIn, Microsoft, Intel, Yahoo as well as many other blue collar work force employers. Many of these employers are located within close proximity to the subject land in the South Bay and Peninsula. The investment appeal of this asset is driven by the Bay Areas rapidly expanding demand for single family homes in the East Bay Market.
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